Munich (dpa-AfX)-The IT service provider Cancom (Cancom SE) adheres to his forecast for 2025 despite a weak start of the year. There were the first signs of a business recovery, it was said in a communication of the company that was widespread on Tuesday evening. In addition, a revival of the business in the second half of the year.

In the first quarter, sales of 435.6 million euros had dropped to EUR 410.4 million in the corresponding period of the previous year. The result before interest, taxes and depreciation (EBITDA) fell from 30.4 to 21.1 million euros.

The Cancom share sagged on the trading platform Tradegate in a first reaction by 5 percent compared to the Xetra closing.

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